Background checks rise amid post Sept 11 security fears
Workers and unions challenge expanding background checks by employers including Lilly and airlines. Lilly barred 194 site access workers after 1990s and 1993 arrests, then allowed 13 to return. IBM privacy concerns rise as immigrant status and past finances face scrutiny. a Privacy & American Business survey shows broad support for some checks but distrust of others.
MENTIONED IN THIS ARTICLE
New York
Donald Ade
Eli Lilly and Co
Indianapolis
Lilly
Ade
KKK
Gary Shults
Transport Workers Union
Dallas
Southwest Airlines
Shults
Southwest
Northwest Airlines
Joan Todd
IBM
U.S
Cynthia Neff
Neff
Privacy & American Business Magazine
Tech sector shows slow recovery amid earnings warnings
At the mid year point investors remain pessimistic as Intel Apple Oracle report earnings warnings. The Nasdaq dips 25 percent in 2002 while companies delay upgrades and seek proven cost savings. Michelle Johnson of Volera Inc. notes resistance to spending persists as bargains tempt buyers.
MENTIONED IN THIS ARTICLE
Intel Corp
Apple Computer Inc
Oracle Corp
Michelle Johnson
Volera Inc
Novell Inc
Circuit City to phase out VHS movies for DVDs
Circuit City Stores plans a gradual move away from VHS to DVDs as customer demand shifts toward DVDs. Some stores have emptied VHS shelves though most will keep VHS on web sites and sell blank tapes and VCRs. Borders and others trim VHS inventories while DVDs rapidly grow, with mixed expectations on wholesale elimination.
MENTIONED IN THIS ARTICLE
Richmond, Va
Circuit City
Jim Babb
Babb
van Horn
John Reeves
Midlothian
Chesterfield County
Circuit City and Borders
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International Recording Media Association
Princeton
N.J
Fountain of Youth
Curlbl
Fleming Road
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